Global Toolroom Machine (Machine Tools) Market: Introduction A toolroom machine is used to shape metals or other rigid materials by boring, shearing, grinding, cutting, or deforming. Based on mode of operation, machine tools are classified into different types such as conventional and numerically controlled. Examples of machine tools include broaching machines, drill presses, gear shapers, hobbing machines, lathe machines, screw machines, milling machines, shapers, and grinding machines. Global Toolroom Machine (Machine Tools) Market: Competition Landscape In June 2018, Hexagon AB acquired SPRING Technologies, a France- based player specialized in providing integrated solutions for machine tool management In January 2019, Hoffmann Group introduced three new and innovative cutting tools in the market in India. These include carbide barrel milling cutters, tools for processing threads for a wide range of materials, and cutters for titanium processing. 3M Company ...